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Rh forlorn around there," said Betty. "I was close to it about a year ago, but I never heard that it was haunted."

"It wasn't until recently," said Mr. Lagg, and that brings me to this part of the story, and that's why I called on you. I might say that I now own that haunted mansion."

"You own it!" cried Grace. All the girls were interested now, whatever they had been before.

"Yes. After years of litigation the courts, last spring, ordered the mansion sold. I saw a chance to get a bargain, and as I had some money put away I bought in the property. I got it cheap, but I purchased it through an agent so that no one, except a very few, know that I own it."

"What are you going to do—live in it?" asked Mollie.

"Ugh! Fancy living in a haunted house!" exclaimed Amy, looking over her shoulder as though she felt a ghostly hand laid on it.

"No, I don't intend to live there," said Mr. Lagg. "I didn't buy it for that. But I thought it would be a good investment, and I had an idea of forming a company, and turning it into a hotel. By making some changes the surroundings could be made less gloomy, and the place would pay.